Walmart chases new and younger customers as tariffs rattle shoppers
1. Walmart launched new clothing brand and drone deliveries to attract younger shoppers. 2. Tariffs are increasing prices but Walmart believes it can grow market share. 3. Higher food spending affects discretionary purchases, indicating stretched consumer wallets. 4. Walmart's new advertising campaign targets modern views of the retailer. 5. Company's efforts aim for increased consumer engagement ahead of back-to-school season.